MARKETS

Worley profits slump in first half

ENGINEERING giant Worley made a $60 million net profit after tax over the first half of FY21, less than half the $154 million posted in the corresponding period of 2020, as low commodity prices hit oil and gas work.

Worley profits slump in first half

It was a bleaker result on a statutory NPAT basis, with profits declining from $115 million in the first half of 2019, to just $22 million for the six months ending December 31.  The ASX 200 contractor...

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